Despite repeated claims from the FTX bankruptcy restructuring team that both the international and U.S. exchanges are missing millions worth of customer funds, disgraced ex-CEO Sam Bankman-Fried says they’re wrong.
“These claims by S&C are wrong, and contradicted by data later on in the same document,” Bankman-Fried wrote in a Substack newsletter, referring to Sullivan & Cromwell, the legal team that created the presentation. “FTX US was and is solvent, likely with hundreds of millions of dollars in excess of customer balances.”
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